Forex Opinion & Analysis

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. For the first time in 10 trading days, the U.S. dollar ended the week higher against the Japanese yen thanks to...

EUR/CADMacroeconomic data from US caused sharp downward movement in EUR/CAD. Rebound occurred when price moved above 1.5580 area which is nearest support. US retail sales were better than forecasted....

Focus has been on USD/JPY all week, and Friday was no different. Japanese officials will have been pleased by the steady recovery seen after an early dip under 112.00. Earlier in the day, reports of...

Japanese policymakers on Friday said they would seek a global policy response from G20 nations to world market turbulence, as the country’s central bank governor dismissed suggestions the rout...

The most important theme of this week’s trading has been the sharp selloff in the US dollar. The dollar has been the favorite currency for traders to be long of since the first half of 2014. The...

New York Forex Report: Markets managed to hold on to tentative gains over the European session as Crude Oil sustains its recovery, though still capped by the $27.90 area January lows. Heading into the...

No change in trendThe Australian dollar declined as the global stocks rout started following the selloff in China’s stock market since the new year. The Reserve Bank of Australia didn’t...

Forex News and EventsJapanese yen strengthen amid faltering confidence in BoJ (by Arnaud Masset) A usual during period of high uncertainties and growing fear of recession, investors are piling into...

GBP/USD: Having the pair rejected lower prices on Thursday and was seen strengthen during Friday trading session today, it looks to strengthen further. Support lies at the 1.4500 level where a break...

The dollar extended losses against the other major currencies on Thursday, as Federal Reserve Chair Janet Yellen reaffirmed comments made on Wednesday, sparking uncertainty over the timing of future...

On Thursday, the yen reached new high against the US dollar, having strengthened to 111.00.The Japanese currency has been growing due to extremely weak demand for risky assets which is getting even...

The EUR/GBP currency is trading above its upward trend line on a daily time frame. This confirms that the trend is skewed towards the upside. The price was trading outside the Bollinger band but now...

USD/JPYFluctuations continue due to RSI14 touching the key momentum support level of 30.00 as seen on the provided daily chart. Many analysts talked about BOJ intervention, as the pair has bounced...

USD/JPY - After 9 days of declines there is a hope for a reboundPrevious AUD/JPY analysis was very profitable. I indicated flag pattern and direction of breakout. I wrote: 'Flag is a pattern of trend...